Auto Warranty Companies Fight For Your Business
car warranty - The realm of auto warranty companies is actually a fiercely competitive one. There are a limited variety of cars on the road - granted, there are millions of them, and each one of them, at one point or still, has or experienced a warranty - though with the great number of companies fighting for the business of these drivers, this means that each and every car owner is the target of some very hungry sales reps.
This can be quite a daunting position to remain for a car owner. Whether you are purchasing a new car from a dealership, or investing in a second hand car, there will be people trying to sell you their warranty services.
In the dealership, you might come across a pushy sales person who can try everything they can to get you to sign on to have an extended warranty when you help make your initial purchase. There are good things about buying during that time, including obtaining the costs in the warranty rolled up to the financing for the car, and understanding that your dealership will continue to be the spot to possess any repairs or replacements done. However, these comforts could end up costing you hundreds or 1000s of dollars over time. Sales representatives make large commissions on warranties, so they're eager to help you get to enroll in one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will have to pay more up-front with those third-party companies, as opposed to adding a little number to your monthly car payment bills. But it could very well help you save money.
But just as not every car sales person has gone out to rip you off, its not all third-party providers are good guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to achieve you being a client, so use that in your favor. Compare prices, look at all of the relation to the warranties offered, and tell the companies you speak with “hey, cause me to the best offer.” If they can't, someone else will.